Mortgage News

Michael and Ardith Parish, as well as their son-in-law, Christopher Troup, have pled guilty to mortgage fraud charges against them.

As previously reported by Mortgage Fraud Blog, Michael and Ardith Parish, the couple’s homebuilding company, Parish Marketing and Development, as well as their son-in-law, Christopher Troup, were charged in U.S. District Court in Minneapolis, Minnesota.

The criminal information charges the defendants with conspiracy to commit …

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Original post by default@goarticles.com (Simon Burgess)

Michael and Ardith Parish, the couple’s homebuilding company, Parish Marketing and Development, as well as their son-in-law, Christopher Troup, were charged in U.S. District Court in Minneapolis, Minnesota.

The criminal information charges the defendants with conspiracy to commit mail fraud, among other things. Specifically, the information alleges that all four defendants knowingly and intentionally conspired to execute a mortgage fraud scheme whereby the defendants would obtain money through …

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Original post by default@goarticles.com (Chrisjan Smith)

Scott Rosenlund of 10Spring Homes, Shinon Lindberg of 10Spring Homes and Celeste Skaar of New Day Capital have been charged by Hennepin County Minnesota District Attorney Mike Freeman for mortgage fraud.&nbsp Freeman said that mortgage scams “hurt” the community and that’s why he supports the charges against the three aforementioned individuals and companies in connection with a mortgage scam allegedly operating out of the Chaska and Chanhassen, Minnesota, …

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Original post by default@goarticles.com (Vicky Edema)

Kristopher Robbins, 27, New Market, Minnesota, was charged with conspiracy to commit mortgage fraud in a criminal Information just two weeks ago.  Robbins has now pled guilty to the one count Information. 

According to the Information, between 2003 and May of 2007, Robbins knowingly and intentionally conspired and agreed with other individuals to participate in a mortgage fraud scheme to defraud and obtain money by false pretenses.  The contents of the …

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Original post by default@goarticles.com (Gregory van Duyse)

Christopher Adam Horton, 34, Minnetonka, Minnesota, and Sean Brian Leaf, 34, Woodbury, Minnesota, pled guilty to a single count of conspiracy to commit mail fraud and bank fraud in connection to their roles in a fraudulent mortgage brokering business known as First Rate Mortgage Group.

In pleading guilty to these charges, and as provided in the Criminal Information, Horton and Leaf admitted that between 2000 and August …

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Original post by Yahoo! News Search Results for mortgage

Molly L. Heise, 49, Greenfield, Minnesota, owner of real estate closing firm Profile Title & Escrow Corp., and Christine A. Hein, 38, Buffalo, Minnesota, the company’s chief financial officer, were charged in a superceding indictment with multiple counts of criminal wrongdoing, including wire fraud and money laundering.

According to the Superceding Indictment, beginning in June 2002 through January 2004, the defendants conspired to defraud Chicago Title by depositing …

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Original post by default@goarticles.com (Alex Ivanov)

Ronald Clark Joseph, 49, Prior Lake, Minnesota, has been charged with two counts of mail fraud, one count of wire fraud, and one count of money laundering in connection to a scheme to defraud mortgage lenders out of millions of dollars.  Joseph has agreed to plead guilty to the charges.

The indictment states that between 2004 and 2006, Joseph, a licensed mortgage broker who worked for LHS, Inc., …

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Original post by default@goarticles.com (Mark Mathis)

Mario Augustin Lewis agreed to plead guilty in the US District Court of Minnesota to a sealed federal information that charged him with wire fraud and money laundering in connection to a mortgage fraud scheme. Lewis admits that between 2004 and 2006, he received nearly $400,000 in concealed payments through fraudulent real estate transactions. He also admits that between 2005 and April of 2006, he owned and knowingly rented out a residence used for …

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Original post by default@goarticles.com (Mark Mathis)

Molly L. Heise, 49, Chaska, Minnesota, was arrested and indicted for defrauding clients and lenders of approximately $2.5 million.  Heise, the former president of Profile Title & Escrow Corporation, Bloomington, Minnesota, made her appearance in federal court and was subsequently released on bond.

The indictment, which was unsealed following the arrest of Heise, charges Heise with six counts of engaging in monetary transactions with property derived from specified unlawful activity.  Specifically, …

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Original post by default@goarticles.com (A Rouse)

Michael Fiorito, Prior Lake, Minnesota, a mortgage broker, and his assistant, Kristin Louis Jerde, Minneapolis, Minnesota, have been indicted by a federal grand jury for allegedly bilking vulnerable homeowners.  Fiorito, formerly a mortgage broker at American Alliance Mortgage company in Wayzata, Minnesota, and Jerde, who worked as Fiorito’s assistant, were charged with one count of conspiracy, three counts of mail fraud, and one count of engaging in a financial transaction …

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Original post by default@goarticles.com (Eric Morgan)